An editorial in the Times of London by Philip Aldrick. "In a Blackrock Investment Institute paper last month, three top central bankers argued for 'magic money tree' policies to respond to the next downturn. Under their 'monetary-financed fiscal facility,'central banks…
A weekend topic starting with the Globe and Mail in Canada. "In the leafy Vancouver west side neighbourhood of Kerrisdale, there is a lot at W. 35th Avenue that has sat overgrown and empty for several years. A City application…
It's Friday desk clearing time for this blogger. "'The slow-down in the New York market can be attributed to the glut of high-end apartments in New York City, which have sat longer on the market as foreign investments in New…
A report from the Wall Street Journal. "The Trump administration said it would support returning mortgage-finance giants Fannie Mae and Freddie Mac to private hands. 'Our view is that the government footprint has become too big,' Treasury Secretary Steven Mnuchin…
A report from Go Local Prov in Rhode Island. "For nearly three years, the proposed 46-story Fane Tower has been meandering its way through a complex web of Rhode Island’s overlapping regulatory structures. Across the United States -- and including…
A report from The M Report. "The U.S. Census Bureau’s New Residential Construction Survey found that while building permits grew in July by 8.4%, housing starts fell 4% in July to 1.91 million. Odeta Kushi, Chief Economist for First American…
A report from CTV Vancouver in Canada. "When detached homes in Metro Vancouver began dropping in price several years ago, condos seemed immune to the changing market – but not anymore. New data from Royal LePage shows Metro Vancouver condominiums…
A report from the Wall Street Journal. "A strong appetite among foreign investors for office buildings, apartments, malls and other real estate has in part fueled the long-running bull market in U.S. commercial property. Now, amid a maturing property market…
A holiday topic starting with KJZZ in Arizona. "Phoenix is now the top city in the country for increases in annual home prices, replacing Las Vegas. That’s according to the S&P CoreLogic Case-Shiller Inde. Co-creator Robert J. Shiller talked about…
A report from the Coeur d'Alene Press in Idaho. "'In every year since 2013, home prices in Kootenai County have grown significantly faster than wages,' said Samuel Wolkenhauer, Region 1 economist for the Idaho Department of Labor. 'It’s important to…